While making the launch, the Minister noted that the newly created fund was purely meant for the empowerment of the youth across the country, as opposed to the initial Agaciro Development. By this, the youths in the country are expected to greatly benefit from the Fund by easily accessing loans in a bid to uplift their living standards.

“The government is very much committed to establish a model youth cooperative in every Cell. This translates to an estimated 2,148 youth-run cooperatives across the country,” said the Nsengimana.

The Minister also emphasized on the youth’s grievances of being challenged by lack of guarantees and collaterals being demanded by financial institutions in the country. “For this reason, the launch of Agaciro is very timely and we hope it would solve and address the challenges that many youths experience,” reiterated Nsengimana.